Search & Analyze

Blue Star Ltd.

Consumer DurablesAir Conditioners

www.bluestarindia.com BSE: 500067NSE: BLUESTARCO

₹1,455.10BSE2.44%

08 Sep, 9:49 AM

₹1,455.10

₹30.88K Cr

60.65

8.77

16.27%

₹1,491.70

₹1,442.80

₹2,032.00

₹1,432.00

Customise metrics bar

Price Performance

Peer Comparison

Name
VOLTAS LTD VOLTAS	1,147.30	86.70	37,962.41	0.34	212.76	51.31%	4,673.50	18.66%	8.75
Blue Star Ltd. BLUESTARCO	1,455.10	60.65	30,883.34	0.57	102.51	-15.15%	3,377.92	13.27%	21.17
AMBER AMBER	7,307.85	272.26	25,773.16	0.00	3.09	-97.09%	3,887.73	12.72%	9.95
EPACK EPACK	188.55		1,814.39	0.00	11.82	-48.37%	886.02	33.76%	4.67
BOSCH-HCIL BOSCH-HCIL	1,829.10

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	2,865.37	2,275.96	2,807.36	4,018.96	2,982.25	2,422.37	2,925.31	4,072.06	3,377.92
Expenses	2,627.54	2,126.65	2,597.98	3,739.56	2,782.26	2,238.95	2,704.58	3,745.80	3,202.97
	237.83	149.31	209.38	279.40	199.99	183.42	220.73	326.26	174.95
	8.30%	6.56%	7.46%	6.95%	6.71%	7.57%	7.55%	8.01%	5.18%
	23.77	18.51	21.24	23.99	16.07	10.01	-44.47	41.47	29.93
Interest	7.64	6.48	15.93	18.75	10.07	16.92	22.09	23.06	13.47
	28.02	29.95	34.98	35.42	41.35	43.35	45.86	48.23	56.62
	226.02	131.10	178.99	248.82	163.23	132.17	107.62	300.09	134.59
	25.33%	26.73%	26.00%	22.03%	25.98%	25.26%	25.15%	24.30%	23.84%
	168.84	96.19	132.57	193.64	120.96	99.01	80.66	227.05	102.50
	8.21	4.68	6.45	9.42	5.88	4.82	3.92	11.04	4.99

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	6,064.08	7,977.32	9,685.36	11,967.65	12,401.99
	6,064.08	7,977.32	9,685.36	11,967.65	12,401.99
EXPENDITURE :
Increase/Decrease in Stock	-50.94	-185.33	83.71	-281.29	-104.15
Raw Material Consumed	3,395.75	4,289.17	4,752.12	6,256.31	6,156.23
Power & Fuel Cost	17.54	27.50	23.20	29.24	35.96
Employee Cost	508.55	591.44	749.48	918.87	918.13
Other Manufacturing Expenses	1,429.28	2,142.07	2,646.58	3,241.73	3,626.31
General and Administration Expenses	144.39	207.54	256.58	322.99	352.38
Selling and Distribution Expenses	204.81	286.11	368.02	480.07	401.60
Miscellaneous Expenses	68.23	126.04	140.73	142.25	108.58
	5,717.61	7,484.54	9,020.42	11,110.17	11,495.04
Operating Profit (Excl OI)	346.47	492.78	664.94	857.48	906.95
	35.72	30.87	47.42	93.44	85.36
	382.19	523.65	712.36	950.92	992.31
Interest	46.40	54.70	58.08	48.80	72.14
PBDT	335.79	468.95	654.28	902.12	920.17
	85.98	84.78	97.61	128.37	178.79
Profit Before Taxation & Exceptional Items	249.81	384.17	556.67	773.75	741.38
Exceptional Income / Expenses		170.81		12.51	-38.83
	250.90	555.38	557.16	784.93	703.11
Provision for Tax	82.90	154.69	142.85	193.65	175.78
	168.00	400.69	414.31	591.28	527.33
Extra items			0.00	0.00	0.00
Minority Interest	-0.29	-0.23	0.64	-0.04	0.35
Consolidated Net Profit	167.71	400.46	414.95	591.24	527.68
Profit Balance B/F	463.46	583.06	887.09	1,184.63	1,630.39
Appropriations	631.17	983.52	1,302.04	1,775.87	2,158.07
Equity Dividend %	500.00%	600.00%	350.00%	450.00%	425.00%
	17.42	41.58	20.18	28.76	25.67
Adjusted EPS	8.71	20.79	20.18	28.76	25.67

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	19.26	19.26	41.12	41.12	41.12
Share Warrants & Outstandings				3.70	11.18
Total Reserves	998.32	1,311.39	2,568.96	3,020.20	3,379.11
Reserve excluding Revaluation Reserve	998.32	1,311.39	2,568.96	3,020.20	3,379.11
Revaluation reserve				0.00
	1,017.58	1,330.65	2,610.08	3,065.02	3,431.41
Minority Interest	2.96	3.19	2.55	2.60	2.45
Secured Loans	68.57	161.74
Unsecured Loans	173.00
Deferred Tax Assets / Liabilities	-27.57	-7.94	-0.30	4.55	22.34
Other Long Term Liabilities	71.27	108.32	104.60	206.73	191.49
Long Term Provisions	10.06	11.41	15.93	25.31	52.77
Total Non-Current Liabilities	295.33	273.53	120.23	236.59	266.60
Trade Payables	2,041.67	2,511.16	2,616.60	3,427.62	2,942.86
Other Current Liabilities	795.59	983.12	954.70	1,132.71	1,108.85
Short Term Borrowings	61.26	209.64	166.62	199.36	626.80
Short Term Provisions	70.68	128.01	140.19	184.70	187.75
Total Current Liabilities	2,969.20	3,831.93	3,878.11	4,944.39	4,866.26
Total Liabilities	4,285.07	5,439.30	6,610.97	8,248.60	8,566.72
Gross Block	837.75	1,329.46	1,720.01	2,156.17	2,473.68
Less: Accumulated Depreciation	416.02	480.89	565.19	627.55	783.34
Net Block	421.73	848.57	1,154.82	1,528.62	1,690.34
Capital Work in Progress	145.09	60.93	108.06	73.36	65.47
Non Current Investments	17.31	18.22	17.88	17.94	21.94
Long Term Investment	17.31	18.22	17.88	17.94	21.94
Long Term Loans & Advances	174.09	210.44	236.29	244.47	259.18
Other Non Current Assets	25.15	17.82	25.17	14.54	63.50
Total Non-Current Assets	801.64	1,188.69	1,570.94	1,935.83	2,178.45
Currents Investments	145.03	129.88	248.92	414.12	435.26
Inventories	1,144.24	1,433.39	1,407.18	2,149.15	2,166.20
Sundry Debtors	1,189.74	1,548.82	1,952.56	1,959.37	2,139.70
Cash and Bank	269.66	243.29	377.37	431.92	402.07
Other Current Assets	43.06	68.17	80.53	127.90	128.07
Short Term Loans and Advances	685.80	825.43	973.47	1,230.31	1,116.97
Total Current Assets	3,477.53	4,248.98	5,040.03	6,312.77	6,388.27
Net Current Assets (Including Current Investments)	508.33	417.05	1,161.92	1,368.38	1,522.01
Total Assets	4,285.07	5,439.30	6,610.97	8,248.60	8,566.72
Contingent Liabilities	351.77	321.09	224.07	202.04	179.49
Total Debt	477.83	577.64	166.62	199.36	626.80
	105.67	138.18	126.95	148.90	166.35
Adjusted Book Value	52.83	69.09	126.95	148.90	166.35

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	250.90	555.38	557.16	784.93	703.11
Adjustment	112.05	-7.12	144.84	136.36	180.34
Changes In working Capital	-236.56	-212.37	-276.47	-51.64	-557.36
Cash Flow after changes in Working Capital	126.39	335.89	425.53	869.65	326.09
Cash Flow from Operating Activities	87.40	243.23	289.22	688.07	153.81
Cash Flow from Investing Activities	-69.01	-181.66	-524.62	-463.99	-358.76
Cash Flow from Financing Activitie	-82.37	-75.94	364.83	-162.18	137.14
Net Cash Inflow / Outflow	-63.98	-14.37	129.43	61.90	-67.81
Opening Cash & Cash Equivalents	327.93	238.63	227.47	357.29	420.13
Effect of Foreign Exchange Fluctuations	1.70	3.21	0.39	0.94	4.97
Closing Cash & Cash Equivalent	265.65	227.47	357.29	420.13	357.29

Ratios

Valuation

60.65

8.77

32.01

2.41

24.77

171.34

Profitability

16.27

21.17

6.27

7.31

4.25

Leverage & Liquidity

0.18

1.31

10.75

Returns

0.57

1.48

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26
	36.52	36.46	36.46	36.47	36.49	36.49	36.49	36.49	36.50
	40.62	40.91	40.69	40.08	39.58	41.37	41.42	41.59	41.00
	22.86	22.63	22.86	23.45	23.93	22.13	22.10	21.93	22.50
	63.48	63.54	63.54	63.53	63.51	63.51	63.51	63.51	63.50
No. of Shareholders	83,167	94,641	1,06,776	1,29,555	1,48,932	1,17,734	1,11,215	1,11,852	1,20,369

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-06-25	Board Meeting	Quarterly Results
2026-05-06	AGM
2026-05-06	Ex Dividend	Rs.8.5000 per share(425%)Final Dividend	2026-07-17	2026-07-17

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Consumer DurablesAir Conditioners

Blue Star Ltd. operates in the Consumer Durables sector under the Air Conditioners industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

12 members across the board and senior leadership

Rajesh Parte

Company Secretary & Compliance Officer

—

Vir S Advani

Chairman & Managing Director

₹15.43 Cr

Mar '26

B Thiagarajan

Managing Director

₹12.48 Cr

Mar '26

Rajiv R Lulla

Non Executive Director

₹34.39 L

Mar '26

Sunaina Murthy

Non Executive Director

₹34.89 L

Mar '26

Dinesh N Vaswani

Non Executive Director

₹35.39 L

Mar '26

Anil Harish